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Nat2105 [25]
3 years ago
10

When an entire job is broken down into a number of steps, rather than being done by one individual, and each step is completed b

y a separate individual, it is called:?
Business
2 answers:
wolverine [178]3 years ago
8 0

Answer:

Division of labor

Explanation:

Division of labor is a system of  breaking down a work process into different tasks where each task is handled by different individuals .

Advantages of this system includes

  • High productivity and efficiency
  • Higher profit due to reduced cost of production
  • It also encourage economy of scale.
  • Improved quality of outputs as continuous stay on a role leads to improved skills.

Dis advantages are

  • Monotony
  • Lack of job pride could occur with time
  • Failure of a unit of production will cause a chain effect on others.
iragen [17]3 years ago
7 0

The correct answer is work specialization. This is also known as division of labor in which this is being referred in regards with the degree of an organization that are likely to have a division of individual task into separate jobs.

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In a local​ market, the monthly price of internet access service decreases from ​$40 to ​$30​, and the total quantity of monthly
deff fn [24]

The answer is : The demand is elastic.

Elasticity =

[(80,000 - 180,000)/((80,000+180,000)/2)]/[($40 - $30)/(($40 + $30)/2)]|

[(-100,000/130,000)]/[(10/55)] = -.7692/.1818= -4.23

The answer is -4.23, however when considering own price elasticity of demand, we ignore the negative sign and look at the absolute value to determine whether it is elastic or inelastic.

5 0
3 years ago
What is MMS?
NISA [10]
The answer is c.

Explanation: MMS (multimedia messaging service) allows you to communicate photographs, videos, and other media as well as longer words via SMS.
7 0
3 years ago
In an effort to increase customer loyalty, management at Phat International has worked to create a personal dialogue with their
STALIN [3.7K]

Answer: Appropriate/accurate relationship marketing

Explanation:

Relationship marketing refers to the scenario where producers build a bonding with customers in rider to improve services they offer to the customer and producing high quality products based what the customers demand for. The aim of these marketing strategy is to maintain existing customers who can recommend potential customers to use the product, also they are other services attached like Promo and bonuses which are used to encourage consumers. Phat strategy used on his customers is known as Accurate relationship marketing.

5 0
3 years ago
All of the following are true regarding IASB members except: A. Part-time members must sever employment relationships with forme
Ainat [17]

Answer:

A) Part-time members must sever employment relationships with former employers

D) IASB shall comprise 16 members, and up to 3 of those members may be part-time

Explanation:

Since December 1, 2016, the International Accounting Standards Board (IASB) has 14 board members (reduced from 16 by the 2015 constitution review). All of the 14 members are full time members, there are no more part time members. Each member is appointment for a 5 year initial term that can be renewed for either a 3 or 5 year second term. But no member can serve for more than 10 years.

3 0
3 years ago
The required rate of return on a certain bond changes from 12 percent to 8 percent, causing the price of the bond to change from
Olenka [21]

Answer:

the bond's price elasticity = - 0.67

Explanation:

present bond value = $1100

previous bond value = $900

change in bond value = $1100 - $900 = $200

present bond percentage = 8%

previous bond percentage = 12%

% change in bond value = 8% - 12% = - 4%

Bond price elasticity = \frac{change  in bond value}{previous bond value}/\frac{change in percentage}{previous percentage}

                                  = \frac{200}{900} / \frac{-4}{12}

                                  = \frac{2}{9} * -3

                                  = - 0.67

5 0
3 years ago
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